Federal Register / Vol. 63, No. 130 /Wednesday, July 8, 1998 / Notices 36975

changes to Section 18 of the Securities

Act of 1933, as amended, under the

National Securities Market

Improvement Act of 1996, the Company

does not see any particular advantage in

the trading of its Securities on the BSE.

The Company also believes that the

trading of its Securities on multiple

exchanges may fragment the market for

its Securities.

The Exchange has informed the

Company that is has no objection to the

withdrawal of the Company’s Securities

from listing on the BSE.

By reason of Section 12 of the Act and

the rules and regulations thereunder,

the Company shall continue to be

obligated to file reports under Section

13 of the Act.

Any interest person may, on or before

July 22, 1998, submit by letter to the

Secretary of the Securities and Exchange

Commission, 450 Fifth Street, NW,

Washington, DC 20549, facts bearing

upon whether the application has been

made in accordance with the rules of

the Exchange and what terms, if any,

should be imposed by the Commission

for the protection of investors. The

Commission, based on the information

submitted to it, will issue an order

granting the application after the date

mentioned above, unless the

Commission determines to order a

hearing on the matter.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.

Jonathan G. Katz,

Secretary.

[FR Doc. 98–18054 Filed 7–7–98; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

Issuer Delisting; Notice of Application

to Withdraw From Listing and

Registration; (Met-Pro Corporation,

Common Stock, $.10 Par Value) File

No. 1–7763

July 1, 1998.

Met-Pro Corporation (‘‘Company’’)

has filed an application with the

Securities and Exchange Commission

(‘‘Commission’’), pursuant to Section

12(d) of the Securities Exchange Act of

1934 (‘‘Act’’) and Rule 12d2–2(d)

promulgated thereunder, to withdraw

the above specified security (‘‘Security’’)

from listing and registration on the

American Stock Exchange, Inc.

(‘‘Amex’’ or ‘‘Exchange’’).

The reasons cited in the application

for withdrawing the Security from

listing and registration include the

following:

The Security of Met-Pro Corporation

(‘‘Company’’) has been listed for trading

on the Amex and, pursuant to a

Registration Statement on Form 8–A

which became effective on June 18,

1998, the New York Stock Exchange,

Inc. (‘‘NYSE’’). Trading in the

Company’s Security on the NYSE

commenced at the opening of business

on June 18, 1998, and concurrently

therewith such Security was suspended

from trading on the Amex.

The Company has complied with Rule

18 of the Amex by filing with such

Exchange a certified copy of the

resolutions adopted by the Company’s

Board of Directors authorizing the

withdrawal of its Security from listing

on the Amex and by setting forth in

detail to such Exchange the reasons for

such proposed withdrawal, and the facts

in support thereof. In deciding to

withdraw its security from listing on the

Amex, the Company determined that,

due to the potential increase in liquidity

and visibility, it is in the best interests

of the Company to list the Security for

trading on the NYSE.

By letter dated June 10, 1998, the

Exchange informed the Company that it

had no objection to the withdrawal of

the Company’s Security from listing on

the Amex.

By reason of Section 12 of the Act and

the rules and regulations thereunder,

the Company shall continue to be

obligated to file reports under Section

13 of the Act with the Commission and

the NYSE.

Any interested person may, on or

before July 22, 1998, submit by letter to

the Secretary of the Securities and

Exchange Commission, 450 Fifth Street,

NW., Washington, DC 20549, facts

bearing upon whether the application

has been made in accordance with the

rules of the Exchange and what terms,

if any, should be imposed by the

Commission for the protection of

investors. The Commission, based on

the information submitted to it, will

issue an order granting the application

after the date mentioned above, unless

the Commission determines to order a

hearing on the matter.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.

Jonathan G. Katz,

Secretary.

[FR Doc. 98–18055 Filed 7–7–98; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Investment Company Act Release No.

23297, 812–11036]

SR&F Base Trust, et al.; Notice of

Application

July 1, 1998.

AGENCY: Securities and Exchange

Commission (‘‘Commission’’).

ACTION: Notice of an application under

section 17(b) of the Investment

Company Act of 1940 (the ‘‘Act’’) for an

exemption from section 17(a) of the Act.

SUMMARY OF APPLICATION: SR&F Base

Trust (‘‘Base Trust’’) and Stein Roe

Investment Trust (‘‘Investment Trust’’)

(collectively the ‘‘Trusts’’), on behalf of

their respective series SR&F Special

Venture Portfolio (the ‘‘Portfolio’’) and

Stein Roe Special Venture Fund

(‘‘Special Venture Fund’’), seek an order

to permit an in-kind redemption of

shares of Special Venture Fund held by

an affiliated person of Special Venture

Fund, and a corresponding in-kind

redemption of shares of the Portfolio

held by Special Venture Fund.

APPLICANTS: Base Trust and Investment

Trust.

FILING DATES: The application was filed

on February 27, 1998 and amended on

June 11, 1998.

HEARING OF NOTIFICATION OF HEARING: An

order granting the application will be

issued unless the Commission orders a

hearing. Interested persons may request

a hearing by writing to the

Commission’s Secretary and serving

applicants with a copy of the request,

personally or by mail. Hearing requests

should be received by the Commission

by 5:30 p.m. on July 27, 1998 and

should be accompanied by proof of

service on applicants, in the form of an

affidavit or, for lawyers, a certificate of

service. Hearing requests should state

the nature of the writer’s interest, the

reason for the request, and the issues

contested. Persons may request

notification of a hearing by writing to

the Commission’s Secretary.

ADDRESSES: Secretary, Commission, 450

Fifth Street, NW, Washington, DC

20549, Applicants, c/o Kervin M.

Carome, General Counsel, Stein Roe &

Farnham Incorporated, One South

Wacker Drive, Chicago, IL 60606.

FOR FURTHER INFORMATION CONTACT:

John K. Forst, Attorney Advisory, at

(202) 942–0569, or George J. Zornada,

Branch Chief, at (202) 942–0564

(Division of Investment Management,

Officer of Investment Company

Regulation).